THORChain Decentralization Claims Challenged Over North Korean-Linked Flows

THORChain's decentralization claims have been challenged by GoPlus Security, which argues that its validator-controlled vaults and emergency mechanisms give node operators powers different from Bitcoin and Ethereum.

The firm points to THORChain's threshold-signature vaults, active validator set, and emergency governance controls as evidence that the protocol is not decentralized like Bitcoin or Ethereum.

GoPlus based part of its argument on controls documented by THORChain itself, which state that a node operator can issue a make pause command when funds face a critical threat. The pause lasts 720 blocks, or roughly one hour, while additional nodes can extend the halt.